The decision comes as lawmakers in the New York Legislature attempt to limit some of the state’s energy-intensive cryptocurrency mining businesses due to environmental concerns. Last Thursday, the Assembly Environmental Conservation Committee approved legislation to impose a three-year moratorium on proof-of-work cryptocurrency mining, according to the report.

When asked about the energy issues, Gillibrand acknowledged the effort to institute a moratorium but did not say if she supported it.

When asked if she supports a moratorium on proof-of-work mining in New York, Gillibrand spokesman Lizzie Landau said, “Senator Gillibrand is closely investigating this issue and potential solutions.”

“She believes that we should prevent a situation in which jurisdictions ‘race to the bottom’ in order to attract new enterprises, which could lead to corporations simply moving from locations with strong environmental requirements to places with low or no environmental standards.” She believes that businesses must be held accountable and that they cannot just move to dodge rules; rather, she believes that we should incentivize them to use renewable energy and to act as stewards of their local ecosystems.”